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20100901
20100930
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is going to break it down for us. what do these plans do with all that money? >> first off, the $50 billion infrastructure program would rebuild or build 150,000 miles of road, 4000 miles of railroad track, 115 miles of airport runways. essentially, that would be paid for with taxes on the oil and gas industries. it's a six-year program, no new jobs created immediately, and much of the criticism is that it is essentially a payoff to the unions. there is a second plan to be unveiled tomorrow, the "wall street journal" saying that this is a $200 billion plan, $200 billion worth of tax breaks for businesses. it would speed up the writeoff, for example, bill, you spend $10,000 on a computer right now, and immediately, that $10,000 comes off your business income, taxable business income. overall, no new jobs created immediately, some say that this is the president scrambling because his polls on the economy are looking very, very bad, and both of those plans would require a vote in congress, which is not likely. bill: wow, so here we are, post labor day. i can't think of a bigger issue in the co
. they'll play another tune for us. that wraps it up. >> eric: magic man will be the tune. carolina. hurricane earl is a powerful category 3 storm. winds at 125 miles per hour off the coast of cape hatteras. it could make its way up to maine by the weekend. full fox coverage including the latest from the hurricane center out of miami. there is a fox news alert. jobs. the private sector lost 10,000 jobs in august. it's going the wrong way, that arrow is. martha: turn these things around. this report does not include government jobs. it's just private sector jobs. it's clearly a sign the economy is struggling to get back on its feet. bill: varney and company, what do you think of this? >> we were supposed to be adding hundreds of thousands of new private sector jobs each and every month. that where we were supposed to be. but we lost 10,000 jobs in the month of august in the private sector. they were spread around, small business 6,000, medium size business, net, net, 10,000 jobs. they are at the heart of our economic problems and the concerns coming up for november. president obama i
. >> reporter: that's us, excellent idea. he will finish that up. bill: good morning everybody on a monday, a fox news alert, terrorists going dark, feds say they are losing their ability to track the chatter terror online because those looking to attack the country are moving to the internet. the white house drafting sweeping regulation has would give the government unprecedented access to some of the most popular web sites. they want broader internet authority to keep up with the tech savvy terrorists. this is developing at the moment here on america's newsroom. the pentagon saying the contents of an afghan's veteran's book may be a threat to national security. the government used taxpayer money to buy thousands of copies of that book and burn it. 9500 copies. good morning, everybody, i'm bill hemmer, welcome to america's newsroom on monday. hope you had a great weekend. martha: good morning, everybody at home i'm martha maccallum. sources are telling fox this morning that the defense department spent 45 grand on these books to get them out of circulation and then they burned them. so wh
, including a lot of red tape. bill: stuart varney with fbn joins us. first, the news, this came from the local government in l.a.d. it not? >> it came from the controller of los angeles, she reported that the transportation department spent 70 million created 45 new jobs, the public works department spent 40 million came up with just over nine jobs. a total of 55 jobs, 2 million per job. that just happened. bill: all right. is l.a. alone? >> well, l.a. is the largest city yet to go through an audit, but this coincides with the release this week of the white house's 100th best stimulus projects. they're looking back over the stimulus program that was launched 18 months ago, pulling out the 100 best performers. i've not seen the whole list but i've seen a couple of them. for example, they spent $30 million in new jersey, cleaning up an old electronics factory that created 68 new jobs. now, do the math, bill. that's a little bit better than los angeles. new jersey put out 68 jobs at $441,000 each job. now, the white house is tout thank as a success of the stimulus program. you be the ju
Search Results 0 to 3 of about 4

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